Nexeo Solutions Agrees to be Acquired for $1.6B

Plastics, chemical distributor agrees to be bought by investment firm.

Plastics and chemical distributor Nexeo Solutions Holdings LLC, Houston, TX, has agreed to be acquired by the investment firm WL Ross Holdings Corp., New York, NY, from TPG for $1.6 billion.

Nexeo Solutions reported sales of $3.9 billion in the fiscal year ended Sept. 30. The company operates 170 locations in more than 80 countries. WL Ross Holdings, which is owned by billionaire investor Wilbur Ross, will change its name to Nexeo Solutions Inc. upon completion of the acquisition.

"This transaction allows us to align our ownership structure in a way that accelerates our progress towards defining distribution," said David Bradley, president and CEO of Nexeo Solutions. "With a strong, centralized operating platform and access to multiple sources of capital, I believe we will be positioned to grow organically and through acquisition."

About the Author
Recommended Reading
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

Subscribe to continue reading

MDM Premium Subscribers get:

  • Unlimited access to
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events


articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events



You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.

Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.